PEPE/USDT – 1H – SELLThe combination Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support level at 0.000009070 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.000009990 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
Additionally a ‘Three Outside Down’ candle pattern is detected. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011150 |
| 2nd High | 0.000010490 |
| Next High | 0.000009990 |
| Current Price | 0.000009480 |
| Next Low | 0.000009070 |
| 2nd Low | 0.000008300 |
| 3rd Low | 0.000007960 |
0.000009990 – 0.000010490 – 0.000010170 – 0.000009580 – 0.000009070 – 0.000008300
Trading Signals: FOREX – PEPE – PEPE/USDT – USDT – Three Outside Down –